Automotive Personnel founder and chief executive officer Don Jasensky tackled one of the most challenging work elements facing both employers and employees — financial compensation. Jasensky, who established his human resources firm in 1989, pinpointed what he believes are three key influences on the figure that might arrive in your bank account regularly. He articulated […] [Read More]

A leading provider that helps buy-here, pay-here dealers track their vehicles as defaults and repossessions arise now is getting involved with a firm that’s been providing another way for buyers to generate down-payment funds. This week, HyreCar, the carsharing marketplace for ridesharing, through its alliance with DriveItAway and its dealer-focused shared mobility mission, announced a […] [Read More]

Following recent national product advancements, TRADER Corp. has added two new people to its advertising team to assist with its latest digital technology growth. TRADER has announced that it has brought on Korie Weston and Stuart Staves to fill newly added specialty roles that support several national product enhancements geared at helping dealers and OEMs successfully deal with an evolving […] [Read More]

AutoNation chief executive Mike Jackson, who has held that role since 1999, plans to transition out of his post as chairman, CEO and president next year to become executive chairman, the retailer announced Wednesday. The dealer group has extended Jackson’s contract through 2021. AutoNation’s board of directors has brought on the Spencer Stuart executive search […] [Read More]

There are some phonetic similarities, but there’s a key difference between the words “insurance” and “assurance.” It boils down to protection from what you can't necessarily control (insurance), versus an added layer of protection designed to allow greater freedom for choice in decision-making (assurance).   And the latter is what is being offered through wholesale vehicle return […] [Read More]

HGreg.com has opened a new flagship location in Orlando, Fla., that sits on more than 15 acres of land. The recent opening of the company's largest dealership to date comes just ahead of the company's plans to open a fifth store that is currently under construction in North Miami. Along with having service and maintenance centers, the company announced Wednesday that […] [Read More]

Jumpstart Automotive Media shared data with Auto Remarketing on Wednesday about how much vehicle-shopping activity dropped off within the path of Hurricane Florence. With potential buyers likely watching for warnings about torrential rains and flooding, Jumpstart examined shopping activity over the past seven days, compared with metrics recorded during the previous four weeks. According to […] [Read More]

Auction Management Solutions (AMS) expanded its client portfolio again earlier this month. Now leveraging the firm for business development consulting is Lake Charles Auto Auction (LCAA) located in Lake Charles, La.   Established in 1991, Lake Charles Auto Auction was started by Mike Pedersen as a two-lane night sale, catering to independent dealers in the area. […] [Read More]

Here is some good news for auto finance companies involving ongoing concern about fraudulent paper ending up in their portfolios. The operators of websites that sold fake documents used to facilitate identity theft and other frauds have agreed to permanently shut down their businesses as part of separate settlements with the Federal Trade Commission. In […] [Read More]

S&P Dow Jones Indices and Experian determined this week that August defaults remained within the 7-basis-point range analysts have seen for this particular month during the past four years. According to data through August for the S&P/Experian Consumer Credit Default Indices, the auto finance default rate increased 2 basis points on a year-over-year basis to […] [Read More]